MergerPlace

Specialty Ice Cream Shops Combined

Utah


  • Asking Price: $399,000
  • Gross Income: $620,555
  • Cash Flow: $95,031
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $197,000
  • Listing ID: #209905
  • Established: 2014
  • Employees: 2 FT / 13 PT

Business Description

This ownership groups has two unique niche ice cream/yogurt shops; located in different areas along the Wasatch front. They can be purchased as a package at a discount from the price of each shop individually. The shops are described further in listing numbers 14442 & 14443. In addition, the master franchise development rights for this area are included with the purchase of both shops.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Utah

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT / 13 PT

Financial Information

Asking Price: $399,000
Gross Revenue: $620,555
Cash Flow: $95,031
FF&E: $197,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

Both shops are completely built out with all equipment in place to step in and take over all operations immediately. Portable equipment is included to support growth of the catering aspect of the business.

Growth & expansion opportunities:

These two shops are located in different areas along the Wasatch front providing geographic diversification. One location is much more established than the other one, so it can provide the larger income stream as the other one continues to grow rapidly. Though both shops operate independent of owner involvement, they will both benefit from an owner to direct marketing efforts to enhance growth and profitability.

Competition:

There are many ice cream shops in the greater Salt Lake area, but this particular franchise has a unique twist that gives it a quality and taste advantage as well as an "interest factor" advantage.

Reason for selling:

Other Business Interests.

Support & Training:

Will train for 4 weeks @ $0 cost. There is no special license (other than a basic city license) required. Revenue comes primarily from in-house sales to walk-in customers.

Contact Business Seller

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Business Listed By:

Marvin Slovacek

Murphy Business Brokers